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  1. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    The article doesn't establish what the baseline for rental property ownership was, so I can't say if it's bad, or just different in terms of who owns those properties. It doesn't sound infeasible for a collection of a few major firms to own a majority of rental property in a given city normally...
  2. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    The article was about houses, not specifically rental homes, it in fact noted that this trend stated out with investment firms buying foreclosed homes and turning them into rental properties. It could easily refer to either rental property or the overall housing market. That's not the issue...
  3. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    What lordsfire said. There is a potential issue here, and the case of the altantic article, a clear issue of wall street firms not being very good landlords, however the articles presented don't firmly establish that blackrock's actions are having a definitive, negative impact on the housing...
  4. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    No, it doesn't: Buying 90s of the homes that were sold in a suburb is a very different thing than owning 90s of the homes in a suburb, the ownership rate you're taking about is not compatible with the situation progressing to the point they now own only about 20% in just some areas.
  5. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    The issue is these articles are vague and aren't providing sufficient detail to back up the claims people are making. They bought 90% 0f the homes sold in one suburb, out of an unknown number of total homes in that surburb. They control 60% of "the market"....which market? All real estate...
  6. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    Atlanta has 41 zip codes, which vary enormously in size. There's one area, zip code 30363, that covers only 1/3 of a square mile, while another encompasses more than 20. Saying that someone controls 90% of one zip code out of forty one proves literally nothing.
  7. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    May have, according to one estimate. You're investing that report with far more certainty this is warranted, which is an issue because it undermines your larger point. IE: This is factually untrue at multiple points. 1. This has been ongoing for years now, it's not a recent thing from the...
  8. Battlegrinder

    Business & Finance BlackRock attempting to monopolize housing

    I've yet to see evidence that Blackrock's actions have actually decreased net housing supply, or even the local housing supply on areas they're buying in. I'd also point out that average Americans did get support from the government, and if you're following the debate over unemployment...
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